Financial Institutions

INSPIRED TO KEEP YOUR FOCUS ON WHAT MATTERS

Take pressure off the day-to-day and gain more time for serving customers.

Take pressure off the day-to-day and gain more time for serving customers.

We see it every day—more regulations. More competition. More technology needs. Financial institutions are continually being asked to do more with the same resources. It’s the new normal for the industry, and it doesn’t seem to be going away anytime soon. Having a trusted advisor by your side can help you relieve that strain and put your attention back where it belongs—on your customers.

PPP Loan Forgiveness Modeling Tool

Help your borrowers work through their Paycheck Protection Program forgiveness with consistency and confidence with the help of our loan forgiveness modeling tool.

2020 Bank Salary Survey

The Eide Bailly Bank Salary and Fringe Benefit Survey is designed to provide banks with reliable and affordable data on more than 50 common positions in a community bank based on institution asset size and state and local demographics.

Latest Insights

June 18, 2020
Article
On June 17, 2020 the government released an updated Paycheck Protection Program (PPP) loan forgiveness application form along with a new simplified application form for certain borrowers.
May 29, 2020
Article
We break down the recently released SBA guidance on the reporting process for PPP loans and the collection of processing fees.
May 18, 2020
Article
Many Paycheck Protection Program (PPP) loan borrowers are more than halfway through their eight-week forgiveness period (the “covered period,” beginning on the date of loan disbursement) yet there are still many unanswered questions concerning how a …
May 7, 2020
Recorded Webinar
The Keeping American Workers Paid and Employed Act, more commonly referred to as the Paycheck Protection Program (PPP) is administered by you – the SBA PPP Lender. The next step to prepare for phase two of the PPP is loan forgiveness for your PPP …
April 30, 2020
Article
With the reserve requirement ratio to zero percent, the Federal Reserve has issued further guidance when it comes to Regulation D.
April 28, 2020
Article
There is no specific accounting guidance on how to record government assistance such as grants or loan forgiveness for organizations taking advantage of the PPP, but there is some general guidance available. Here are some common questions and …
April 27, 2020
Article
While it may be impossible to prevent fraud from ever occurring in your business, there are things your HR team can do to greatly lessen the chances.
April 15, 2020
Article
The Coronavirus Aid, Relief and Economic Security Act (CARES) provides substantive assistance to taxpayers affected by the coronavirus pandemic. This assistance comes in the form of new and modified tax provisions as well as other loan programs.
April 15, 2020
Article
Relief efforts and further guidance continue to be released in the wake of the COVID-19 pandemic. But how do these relief provisions actually impact community banks?
April 13, 2020
Article
The Federal Reserve has taken actions to improve the flow of credit and effectiveness of existing relief programs under the CARES Act. Here are the details.
April 9, 2020
Article
For SEC financial institution reporting companies, there is a lot of guidance to follow related to COVID-19 and their first quarter Form 10-Q. We breakdown what you need to know.
April 9, 2020
Blog
Federal Reserve announced the Main Street Lending Program to support mid-sized businesses. Regulations relaxed related to capital ratios for lenders providing Paycheck Protection Program loans.

Contact

Gary W. Smith
Gary W. Smith
Partner-in-Charge of Financial Institutions
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